Companies

Image for 63m teens access trust fund money pot

Business | 6.3m teens to access trust fund money pot

Millions of teenagers are set to benefit for the first time from money in Child Trust Funds (CTFs) that has been waiting for them since they were young children

20 Aug 2020

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Image for hmrc targets 3000 employers over cjrs claims

Business | HMRC targets 3,000 employers over CJRS claims

Tax authority steps up compliance activity among those who may need to repay grants

20 Aug 2020

Image for local councils face ps7bn black hole

Business | Local councils face £7bn black hole

Research from IFS predicts massive financial shortfall as local authorities struggling with rising costs and falling income

20 Aug 2020

Image for finablr co chair quits hmrc suspends money service businesses

Business | Finablr co-chair quits as HMRC suspends money service businesses

BR Shetty, the co-chair of payments group Finablr, stands down with immediate effect following HMRC’s move amid growing accounting scandals at payments group and healthcare company NMC

19 Aug 2020

Image for 80 uk smes confident they will recover covid 19

Business | 80% of UK SMEs confident they will recover from Covid-19

Four in five (80%) UK SMEs are confident they will recover from Covid, according to research from digital bank Starling and the Great British Entrepreneur Awards (GBEA)

18 Aug 2020

Image for cowgills business recovery acquires rpg team

Business | Cowgills Business Recovery acquires RPG team

Business accountancy and advisory firm Cowgills has acquired the business recovery arm of Manchester based accountancy firm RPG for an undisclosed sum

18 Aug 2020

Image for welsh public sector bodies urged do more cut fraud

Business | Welsh public sector bodies urged to do more to cut fraud

The Welsh audit watchdog is warning that public service leaders should give a higher priority to tackling fraud in Wales, as levels have been increasing during the Covid-19 crisis

18 Aug 2020

Image for second seiss opens more two million miss out

Business | Second SEISS opens as more than two million miss out

Despite government claims that 2.7m self-employed workers have benefited from £7.8bn in SEISS grants, support is still not available for those that fall through the cracks

17 Aug 2020

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Business | Use equity to replace bad loans

As banks gear up to agree a code of conduct for collecting coronavirus debts, Cavendish Corporate Finance senior partner Lord Leigh urges the government to create an independent equity financing mechanism to help SMEs at risk of default

17 Aug 2020

Image for smaller firms offer transformed career path accountancy professionals

Business | Smaller firms offer transformed career path for accountancy professionals

The pandemic and need to adopt flexible, agile work are creating ‘great’ opportunities for accountants in small and medium practices

14 Aug 2020

Image for bame 2020 hamid ghafoor partner bdo

Business | BAME 2020: Hamid Ghafoor, partner, BDO

In the second part of the BAME 2020 series, Accountancy Daily speaks with BDO’s Hamid Ghafoor, who fears recent backwards steps in the fight for true equality and inclusion

14 Aug 2020

Image for uk ceos lead covid 19 wellbeing support

Business | UK CEOs lead on Covid-19 wellbeing support

UK CEOs were ahead of the game in providing wellbeing and practical support to employees during the Covid-19 disruption, according to a PwC assessment of the global response by business to the pandemic

14 Aug 2020

Image for icaew wants chancellor act job creation

Business | ICAEW wants Chancellor to act on job creation

As the UK economy heads into the deepest recession on record, ICAEW warns rising rates of redundancies and signs of a recruitment freeze amongst companies underlines the need for the Chancellor to use his autumn budget to shift from job protection to job creation

13 Aug 2020

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Image for covid 19 third smes carried without government support

Business | Covid-19: a third of SMEs carried on without government support

On average 29% of SMEs have kept calm and carried on with no action needed, according to survey from Purbeck Insurance Services, showing how SMEs are coping well with the pandemic

13 Aug 2020